Best Banks in Tower Hamlets, London

Bank branches in Tower Hamlets offer current accounts, savings, mortgages, business banking and counter services. Below you will find our selection of 9 banks in Tower Hamlets, with address, phone number, website and opening hours for each one, followed by practical advice on choosing the right bank, typical prices and answers to common questions.

9listed
1with phone number
4with website

9 Banks in Tower Hamlets

5Sonali Bank

Address
29-33 Osborn Street, London, E1 6TD
Opening hours
Mon-Thu 09:30-16:30 · Fri 09:30-13:00,14:00-16:30
Directions

6Bank of Baroda

Address
Commercial Road, London
Opening hours
Mon-Fri 09:30-16:15
Directions

7Mutual Trust Bank Exchange

Address
25 Whitechapel Road, London, E1 1DU
Directions

8Société Générale

Address
1 Bank Street, London, E14 4SG
Directions

9PBL Exchange (UK) Ltd

Address
16 Brick Lane, London
Directions

How to choose a bank in Tower Hamlets

  • Check opening hours: many branches have reduced hours or close on Saturdays.
  • Use Post Office counters for basic banking if your branch has closed.
  • Look for shared Banking Hubs in areas that have lost branches.
  • Book an appointment for mortgages or business banking.

Checks and regulation: Banks are authorised by the Prudential Regulation Authority and regulated by the FCA. Deposits are protected up to £85,000 by the FSCS.

How much does a bank cost in Tower Hamlets?

Standard current accounts are free; business accounts usually charge £5–£15 per month. Prices vary by area, time of day and the complexity of the job or service, so always ask for a written quote or check the latest price list before you book.

Banks across Tower Hamlets

Tower Hamlets covers neighbourhoods such as Canary Wharf, Whitechapel, Bethnal Green, Spitalfields, Bow, Mile End, Poplar, Wapping (postcodes E1, E2, E3, E14, E1W). The banks listed on this page are located in or around E14, E1. Getting around is easy thanks to the Elizabeth line, the Jubilee, Central, District and Hammersmith & City lines, the DLR and the Overground. If you live close to the borough boundary, it is worth comparing options in neighbouring boroughs too.

Banks in nearby boroughs

Frequently asked questions

Can I pay in cash without a local branch?

Yes, at any Post Office using your bank card or a paying-in slip.

What ID do I need to open a bank account?

Usually a passport or driving licence and proof of address.

Are my savings protected?

Up to £85,000 per person per banking licence under the FSCS.

Listings are compiled from public business information and OpenStreetMap (© OpenStreetMap contributors, ODbL). Details can change, so please confirm opening hours and prices with the business before visiting. Businesses can request corrections via our contact page. Last reviewed: September 2026.